State Street Now Owns Nearly 4 Million Shares of MULN Stock

According to a recent Form 13F filing submitted to the SEC, State Street disclosed a noteworthy and bullish increase in its position in MULN stock. Here’s what EV stock investors need to know about Mullen Automotive, Inc., as well as State Street’s position in shares of MULN stock:

About Mullen Automotive, Inc. (NASDAQ: MULN)

Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California. Learn more about Mullen Automotive, Inc. on their website here

State Street Corp Position in MULN

According to the most recent 13F filed by State Street Corp., the firm added 2,725,107 shares of MULN stock to it holdings in the recent quarter. That brings their total long position in Mullen Automotive, Inc. to 3,754,251 shares, representing approximately 0.6553% of the entire 572,894,005 MULN shares outstanding. Based on the most recent closing price of $0.29 per share of MULN, the entire State Street position in Mullen Automotive, Inc. stock is worth roughly $1,083,852.26.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like State Street. Also be sure to check out more recent 13F filing analysis news here.